When signing the Team Office amendment for a Remax franchise, what is the purpose of the Franchisee Disclosure Questionnaire?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
As you know, RE/MAX Integrated Regions, LLC ("we," "us" or "RE/MAX Integrated Regions, LLC") and you are preparing to sign an amendment to the Franchise Agreement for the operation of a Team Office. The purpose of this Questionnaire is to determine whether any statements or promises were made to you that we have not authorized and that may be untrue, inaccurate or misleading. Please review each of the following questions carefully and provide honest responses to each question. Please circle or check your answer to each question.
Source: Item 1 — Business and Organization (FDD pages 334–464)
What This Means (2025 FDD)
According to the 2025 Remax Franchise Disclosure Document, the Franchisee Disclosure Questionnaire for the Team Office amendment aims to confirm that no unauthorized or misleading statements or promises were made to the franchisee. RE/MAX Integrated Regions, LLC uses the questionnaire to ensure that the franchisee is making informed decisions based on accurate information. Honest responses are expected from the franchisee when completing the questionnaire.
The questionnaire covers several key areas to verify the franchisee's understanding and reliance on official information. These areas include confirmation that the franchisee has received, reviewed, and understands the Franchise Disclosure Document and its exhibits, including the Team Office Amendment. It also addresses whether the franchisee has consulted with professional advisors regarding the benefits and risks of opening a Team Office. The questionnaire seeks to confirm that the franchisee is relying on information specifically from RE/MAX Integrated Regions, LLC, rather than any parent company.
Furthermore, the questionnaire addresses specific representations made by Remax employees or representatives regarding revenues, profits, and the likelihood of success. It also confirms the franchisee's understanding that their success depends on their skills, competition, economic factors, and business factors. The questionnaire also clarifies that dealings are solely between the franchisee and RE/MAX Integrated Regions, LLC, and not with individual officers, directors, employees, or agents. It also addresses territorial rights or protection, and the right of Remax and its affiliates to grant franchises or operate competing businesses nearby.
By signing the questionnaire, the franchisee represents that their answers are truthful and acknowledges that Remax relies on these answers. However, the document also states that no signed questionnaire or acknowledgment can waive claims under applicable state franchise law, including fraud, or disclaim reliance on statements made by the franchisor or its representatives. This provision supersedes any other conflicting terms in any document related to the franchise agreement, providing some protection to the franchisee.